Arizona
S&P CoreLogic Case-Shiller: U.S. Home Price Increases Continue to Slow
The latest S&P CoreLogic Case-Shiller Indices show that the rate of home price increases across the U.S. continued to slow… Read more
BNSF Targets Hundreds of Acres for Industrial Development
Fort Worth-headquartered BNSF Railway Co. named six locations, nationally, as “Certified Sites,” consisting of hundreds of acres immediately ready for… Read more
Velocis Pays $52M for 175K-SF Kierland One in Scottsdale
Velocis LLC shook hands with Hines and partner Pacific Coast Capital Partners LLC (PCCP) to acquire Kierland One, a 175,441-square-foot… Read more
High Street Residential Teams with Principal on Gramercy Scottsdale
Trammell Crow Co. subsidiary High Street Residential joined forces with Principal Real Estate Investors to build Gramercy Scottsdale, a 160-unit… Read more
Next Wave Solidifies Southwest Presence with Purchase of 380 MF Units
Next Wave Investors LLC, a Southern California private equity firm focused on value-add multifamily investments, further solidified its southwest presence… Read more
Westmount Realty Enters Arizona, Acquires 949 at the District
Westmount Realty Capital of Dallas, TX entered the Arizona market with its acquisition of 949 at the District, a 154-unit… Read more
$102M Loan Secured for 253-Unit “X Phoenix”
PMG and Raven Capital Management obtained a $102.1 million loan to build “X Phoenix,” a 253-unit, mixed-use apartment development in… Read more
CushWake’s Sandra Boyle Takes West Region Lead for Asset Services
Cushman & Wakefield appointed Sandra Boyle, CPM, LEED AP to the role of West Region Lead for Asset Services. Based… Read more
Bridge Office Snags 440K-SF Phoenix Gateway Center
Bridge Office Fund Manager, a subsidiary of Bridge Investment Group LLC, acquired Phoenix Gateway Center, a 439,584-square-foot Class A office… Read more
Signal Hill Retail Center Trades Hands
Phoenix-based BIG Shopping Centers USA, Inc. sold Towne Center East, a fully-leased, 154,750-square-foot retail center in Signal Hill, CA. The… Read more
Avison Young Acquires Phoenix’s Strategic Retail Group
Avison Young broadened its presence in Arizona by acquiring Strategic Retail Group (SRG), which is located in Phoenix. The new… Read more
NewQuest Closes on First AZ Buy; Nabs 117K-SF Anderson Fiesta
Houston-based NewQuest Properties closed on its first wholly-owned asset in Arizona, purchasing the 117,391-square-foot Anderson Fiesta Shopping Center in Chandler,… Read more
352-Unit Solano Vista Trades to SLC Buyer
Sundance Bay LLC plunked down $30.8 million to own the 352-unit Solano Vista in Glendale, AZ. Brian Smuckler, Jeff Seaman,… Read more
Work Begins on PHX’s Liberty Riverside Center Industrial Park
Liberty Property Trust broke ground on two buildings at Liberty Riverside Center in southwest Phoenix. The buildings, measuring 123,638 square… Read more
JLL Expands Project, Development Services Team in L.A.
JLL named Jay Pich as the firm’s Southwest Managing Director for its Project and Development Services’ practice. Based in Los… Read more
Cali Buyer Strikes $110M Deal for Biscayne Bay in Arizona
MG Properties Group acquired Biscayne Bay, a 512-unit apartment complex in Chandler, AZ. The San Diego buyer paid $110.3 million… Read more
Protection Against O-Zone Liability: Q&A with Lovitt & Touché’s Ryan Donahue
While Opportunity Zones can provide a decent return on investment, there is still a high possibility of tax liability. Ryan… Read more
Cortland Completes $1.2B Pure Multi-Family REIT Deal
Atlanta-based Cortland closed on its previously-announced acquisition of Pure Multi-Family REIT for $1.2 billion in cash. The deal means the multifamily real… Read more
Security Properties Pays $28M for Class C MF in Arizona
Security Properties acquired The Rev Apartments, a Class C multifamily property in Tempe, AZ. The Seattle buyer paid Baron Real… Read more